Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Type of legal document

👬 Section 431 share purchase

Why use a 👬 Section 431 share purchase?

A section 431 share purchase is a purchase of shares that are subject to a statutory restriction on transfer. The shares are typically purchased from a company that is subject to the restriction, and the purchaser is typically a person who is not subject to the restriction. The shares are purchased for a price that is below the market price, and the purchaser typically receives a discount on the shares.

The legal template titled "Section 146 Notice (Remedy Breach of Lease)" under UK law pertains to a crucial aspect of landlord and tenant relations, specifically in relation to breaches of lease agreements. In the UK, leases are legally binding contracts outlining the terms and conditions of property rental, and both landlords and tenants are expected to abide by these obligations.

This specific template focuses on Section 146 Notices, which are formal legal documents that landlords can serve to tenants in cases where there has been a breach of the lease. Such breaches may include non-payment of rent, causing damage to the property, unauthorized alterations, or any violation of lease terms agreed upon.

The purpose of this template is to provide landlords with a standard and legally compliant document to formally notify tenants of the breach, outlining the nature of the violation, the required remedies, and any consequences that may ensue if the breach is not rectified. The notice typically allows a specific period for the tenant to rectify the breach and comply with the lease agreement.

By utilizing this template, landlord can ensure that their notice complies with the legal requirements under UK law, including any specific provisions outlined in the lease agreement itself. This document serves as an essential step in the process of addressing lease breaches, providing the tenant with a formal opportunity to remedy the situation before further legal action may be pursued, such as eviction or the termination of the lease.

It is important to note that utilizing this template does not guarantee resolution of the breach, as there may be additional legal procedures involved if the tenant fails to comply or if the issue remains unresolved. However, such a template can provide a clear and formal starting point for landlords to address lease breaches in a legally defined manner, protecting their rights and enabling a structured resolution process in accordance with UK law.

How it works

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

Export to .docx

PRODUCT HUNT
#1 Product of the Day

Try using Genie's Free AI Legal Assistant

Generate quality, formatted contracts with AI

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Let our Legal AI make 
edits for you

Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.

AI review

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

See Genie AI in action

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.



Click here to book your personalised demo now.

Similar legal templates

Tenant's Statutory Declaration To Exclude Security Of Tenure

The Tenant's Statutory Declaration to Exclude Security of Tenure under UK Law is a legal template or document that is designed to be used by tenants in the United Kingdom. This declaration allows a tenant to formally request exclusion from the security of tenure provisions provided under the Landlord and Tenant Act 1954.

Under UK law, tenants are generally granted certain legal protections, including the right to automatically renew their tenancy agreement and the right to remain in the property. However, in some cases, tenants may wish to opt out of these security of tenure provisions for various reasons.

This legal template provides a structured format for tenants to make a formal declaration stating their intention to exclude security of tenure rights. It typically includes information such as the tenant's name, the details of the property being rented, the reasons for excluding security of tenure, and any relevant supporting evidence or documentation.

By completing and signing this declaration, the tenant acknowledges that they have made a voluntary and informed decision to exclude their rights to automatic renewal and security of tenure. It is essential to note that this legal document should be carefully reviewed and tailored to meet the specific requirements and circumstances of the tenant before submitting it.

Overall, the Tenant's Statutory Declaration to Exclude Security of Tenure under UK Law is a valuable tool for tenants who may have unique circumstances or preferences that make them want to waive their security of tenure rights, providing a legal framework for such exclusions.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
11
RATINGS
2
DISCUSSIONS
1

Target Company Pre-Announcement Of Recommended Offer (Board Minutes)

This legal template pertains to a specific situation involving a target company, operating within the jurisdiction of the United Kingdom, which is planning to make a pre-announcement regarding a recommended offer. The template specifically focuses on documenting the board minutes of the target company during this pre-announcement phase.

In the context of mergers and acquisitions (M&A) or other corporate transactions, a "recommended offer" refers to a proposal made by a potential acquirer to acquire the target company. Before making a formal announcement or disclosure to the public and shareholders, it is often necessary for the board of directors of the target company to hold a meeting to deliberate and discuss the details of the recommended offer.

The board minutes are a formal record of the discussions, resolutions, and decisions made during this particular board meeting. This legal template enables the target company to prepare official documentation that accurately captures the proceedings, discussions, and ultimate resolutions of the board of directors regarding the pre-announcement of the recommended offer.

These minutes may include various important matters such as the consideration of the offer price, potential conditions or contingencies, any regulatory or legal requirements that need to be fulfilled, implications for the target company's future operations, and potential impacts on shareholders and other stakeholders.

Adhering to UK law, this legal template ensures that the target company follows the necessary legal procedures and maintains compliance during the pre-announcement stage, as this is a critical phase in the deal-making process. Additionally, these board minutes serve as an essential record to substantiate the board's thorough review and careful consideration of the recommended offer, protecting the interests of the target company and its shareholders.

It is important to note that while this description outlines the general nature and purpose of the legal template, the specific content, language, and intricacies would be determined by the unique circumstances, legal requirements, and the transaction itself.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
4
RATINGS
3
DISCUSSIONS
0

Target Company Share Purchase Completion (Board Minutes)

This legal template pertains to the completion of a share purchase for a target company under UK law and specifically focuses on the preparation of board minutes. Board minutes play a crucial role in documenting the decision-making process and actions taken by a company's board of directors during important meetings such as the completion of a share purchase.

In the context of this template, it is expected to outline the essential details of the share purchase completion process, including the agreement terms, parties involved, transaction consideration, and any necessary regulatory requirements. The board minutes will provide a comprehensive record of the board's approval and authorization of the share purchase, highlighting key decisions made, resolutions passed, and any amendments to the company's articles, if applicable.

This template serves as a legally-sound resource to ensure compliance with relevant laws and regulations governing share purchases in the United Kingdom. It aims to assist corporate entities, legal professionals, and company secretaries in accurately documenting and recording the completion of a share purchase transaction, maintaining a transparent and formal record of the board's actions and decisions.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
6
RATINGS
1
DISCUSSIONS
2